Vinit Mobile IPO- Company Analysis
Vinit Mobile IPO under the SME IPO category is a bookbuild issue of Rs. 34.13 Cr by Vinit Mobile Limited and provides a large selection of cell phones from well-known manufacturers, including Apple, Samsung, Vivo, Oppo, Xiaomi, Realme, Motorola, and OnePlus. Tablets, data cards, and mobile accessories like earbuds, chargers, power banks, screen guards, and mobile covers are all sold in the stores.
The company runs 35 company-owned and company-operated (COCO) retail locations throughout the Surat area, including Pandesara, Kadodara, Sachin, Amroli, Hazira, Sayan, Saroli, and Nilgiri, as of the date of this RHP.
Subject to clearance, the company offers EMI and financing solutions to consumers through partnerships with financial institutions like TVS Credit, HDB Financial Services, and Bajaj Finserv. Additionally, it coordinates warranty and repair support with authorized service providers to help consumers with after-sales care.
Vinit Mobile IPO Details
The Vinit Mobile IPO date of opening is 30 Jun 2026, its initial public offering will end on 02 Jul, IPO allotment on Jul 03 and refund initiation on Jul 06, 2026.
The Rs. 34.13 crore new SME IPO comprises a wholly fresh issue of 0.22 crore shares.
The Vinit Mobile IPO listing date (expected) might be Tuesday, Jul 07, 2026, and listing at the NSE and SME.
The Vinit Mobile IPO price band is Rs. 150 to Rs. 158.
IPO Timetable (Tentative)
|
Events |
Date |
|
IPO Opening Date |
Jun 30, 2026 |
|
IPO Closing Date |
Jul 02, 2026 |
|
IPO Allotment Date |
Jul 03, 2026 |
|
Refund Initiation |
Jul 06, 2026 |
|
IPO Listing Date |
Jul 07, 2026 |
Click to open demat account and apply for the IPO.
Company Financials
(Amount in Cr)
|
Particulars |
31 Mar 2025 |
31 Mar 2024 |
31 Mar 2023 |
|
Assets |
13.34 |
7.41 |
0.01 |
|
Total Income |
60.63 |
28.59 |
0.00 |
|
Profit After Tax |
3.90 |
0.72 |
-0.00 |
|
EBITDA |
5.72 |
1.05 |
-0.00 |
|
Net Worth |
4.60 |
0.70 |
-0.02 |
|
Reserves and Surplus |
4.59 |
0.69 |
-0.03 |
|
Total Borrowing |
3.04 |
3.10 |
0.03 |
Cash Flows
(Amount in lac)
|
Net Cash Flow |
31 Mar 2025 |
31 Mar 2024 |
31 Mar 2023 |
|
Net Cash Flow Operating Activities |
220.92 |
(282.91) |
0.02 |
|
Net Cash Flow Investing Activities |
(63.27) |
(5.34) |
- |
|
Net Cash Flow Financing Activities |
(48.59) |
299.18 |
- |
Revenue Bifurcation
(Rs. in Lac)
(Source: RHP)
The Objective of the Issue
The company desires to use the Net Proceeds from the Issue to fulfill its following goals:
-
Set up the cost of the new stores. ~ Rs. 0.62 Cr.
-
Working Capital. ~ Rs. 23.75 Cr.
-
General Corporate Purposes.
Listed Peers of Vinit Mobile Ltd.
|
Name of Company |
Face Value (Rs. ) |
Basic EPS (₹) |
PE Ratio (x) |
|
Bhatia Communications & Retail (India) Limited |
1 |
1.10 |
24.25 |
|
Fonebox Retail Limited |
10 |
4.43 |
22.20 |
|
Umiya Mobile Limited |
10 |
5.42 |
14.02 |
Valuation
|
KPI |
Value (Mar 31, 2025) |
|
RoE |
84.78% |
|
ROCE |
73.66% |
|
Debt/Equity |
0.66 |
|
RoNW |
84.78% |
|
PAT Margin |
6.44% |
|
EBITDA Margin |
9.53% |
|
P.B Value |
13.76 |
Evaluation of P/E Ratio
Considering the period ended on FY 2025 with an EPS of Rs. 9.73 from the last year, the resulting P/E ratio is 16.23x.
Explore the Teja Engineering Industries IPO.
IPO's Strengths
-
COCO stands for Company Owned Company Operated Stores.
-
Skilled Promoters and Management
-
Group Opportunities for Partnerships and Multi-Brand Retailing
-
Surat's Wide Distribution Network.
IPO's Weaknesses
-
Scale beyond core operating locations is constrained by geographic concentration.
-
Reliance on outside brands; little control over profitability and product innovation.
-
Moderate e-commerce and digital presence in comparison to rivals who prioritize online sales.
Vinit Mobile IPO GMP (Grey Market Premium)
Vinit Mobile IPO GMP today is Rs. 0 as of 29 June 2026, while writing this information.
Vinit Mobile IPO Summary
|
IPO Opening & Closing Date |
30 Jun, 2026 to 02 Jul, 2026 |
|
Face Value |
Rs. 10 per Share |
|
Issue Price |
Rs. 150 to Rs. 158 per Share. |
|
Lot Size |
800 Shares |
|
Issue Size |
21,60,000 Shares (Rs. 34 Cr) |
|
Offer for Sale |
- |
|
Fresh Issue |
20,52,000 Shares (Rs. 32 Cr) |
|
Listing at |
NSE, SME |
|
Issue Type |
Bookbuilding Issue |
|
Registrar |
Bigshare Services Pvt. Ltd. |
IPO Lot Details
Retail investors can invest in a minimum and maximum of 2 Lots (1600 Shares) for Rs. 2,52,800, and in multiples thereof, while HNI investors can invest in a minimum of 3 Lots (2400 Shares) for Rs. 3,79,200.
|
Minimum Lot Investment (Retail) |
2 Lots |
|
Maximum Lot Investment (Retail) |
2 Lots |
|
HNI (Min) |
3 Lots |
Vinit Mobile IPO Allotment Status
To check the Vinit Mobile IPO Allotment Status, visit the official Registrar’s website or BSE website. Below are the website links for you.
Using BSE Website - BSE IPO allotment status
Promoters And Management of Vinit Mobile Ltd.
-
Mr. Vinit Jalan
-
Mrs. Shweta Jalan.
|
Pre-Issue Promoter Shareholding |
99.80% |
|
Post-Issue Promoter Shareholding |
- |
IPO Lead Managers
Comfort Securities Ltd.
Dividend Policy
The company has not declared a dividend during the last three years.
Conclusion
Through its network of COCO stores in Surat, Vinit Mobile IPO provides investors with exposure to the expanding mobile retail market. In FY 2025, the business demonstrated significant revenue growth, increased profitability, and high return ratios.
Other Related Blogs:- Aureate Tradde IPO, Hexagon Nutrition IPO
Finowings IPO Analysis
Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO.
You must consult your financial advisor before making any financial decisions.
To Apply for the IPO, Click Here.
To Read the Prospectus of the Company Click Here to Download the DRHP.
Click Here To Stay Updated With The Upcoming IPOs.
DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.
